I Mahesh Chander Kaushik is an Investor of Indian Share Market.
I am a NISM Certified SEBI Registered Research Analyst My Reg no. INH 100000908
I Share My Research Reports with Other Investors as a Free Service and Hobby.
This Blog Publish Research Reports for 3 Day to 3 month Positional Delivery Buying. ( Not Usefull for F&O and Intra-day Margin Trade)
This Blog Not Give Investment Advice Read Disclaimer Before Follow any of My Stock Idea.

Saturday, December 11, 2010

VEER ENERGY: PROMOTER REDUCE THERE HOLDING

hi maheshji,i m jagdish i was purchased veer energy 20, 000 shares@ 23rs. and atv projects 5000 shares @7 rs. and rishabhdev techno cable 5000 shares@9 rs.i am a fool while purchasing these stocks but i m daily reader of your stock view and now i m going on your think.now can u tell me what can i do? whether i keep it or sell all stocks?and also can u give me are above stocks are technical strongs or not?waiting your reply sir. thanks,Jagdishdear jagdish please ask only one question in a time so we discuss veer energy today1. Face value of veer energy and infrastructure ltd is rs 1 only so this is not a cheap stock if we compare it price 8 to 10 rupees face value stock than it is 60 and this is 2.5 time higher of NHPC price.2. In December 2008 promoter holding in this share is 53.31 percent and September 2009 promoter holding is 50.31, and December 2009 it is 48.81 percent only and in sept 2010 promoter holding is 33.71 % so promoter continue reduce there holding. This is a very bad sign for company health.3. Book value of veer energy is 1.35 only.4. EPS of this company is 0.33 only in sept 2010.5. So overall I not like this company and my view is negative for veer energy and infrastructure ltd. Due to it very poor fundamental. 6. i have no any share of veer energy ltd

About Me

Mahesh Chander Kaushik is working in Rajasthan government as TRA. He has multiple talent in field of Health care, Beauty, Stock market and revenue law. He is a revenue law expert and fundamental analyst of stock market. He is also famous for his alternative health care blog POPATI. He his a beauty and laser hair removal specialist.

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